Profile: Federal Realty Investment Trust (FRT)
30 Jan 2015
Federal Realty Investment Trust, incorporated on May 29, 1999, is an equity real estate investment trust (REIT). The Trust operates through a single operating segment, being the ownership, management and redevelopment of retail and mixed-use properties.
The Trust’s portfolio (excluding joint venture properties) contains approximately 20 million square feet located in metropolitan markets in the Northeast, Mid-Atlantic, and California. In addition, Federal Realty Investment Trust has an ownership interest in approximately 1.0 million square feet of retail space through a joint venture in which the Trust owns a 30% interest and Clarion Partners owns a 70% interest. As of September 2014, the Trust owned or had a majority interest in community and neighborhood shopping centers and mixed-use properties, which are operated as 89 retail real estate projects.
Federal Realty Investment Trust
1626 East Jefferson Street
ROCKVILLE MD 20852